2 SINCLAIR
ActiveSummary
2 SINCLAIR has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €38. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 86% of 17,149 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 23-01-2017 Normal situation
- Activity
- Buying and selling of own real estate NACE 68110and 3 others
- Establishment unit
- 2.260.578.664 7740 Pecq, since 23-01-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 26-08-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
Annual accounts 2025
- Gross margin
- €20,336
- ▲ 0.7%
- Turnover
- ≈ €78,000
- estimated
- Profit
- €38
- ▼ 23.3%
- Equity
- €1.1m
- ▼ 4.4%
- Total assets
- €1.3m
- ▼ 3.7%
- 2025 accounts filed 32 days after the deadline
Score breakdownraises risk1 change of registered office in 24 monthsLast filed accounts filed 32 days late; 1 of the last 3 accounts lateLiquidity: current ratio 0.18, cash €37,500, halvedlowers riskSize: total assets €1.3mShow the evidence
Checked score
Score 2025
84
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 56% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Strong
Solvency
100=
equity 81.4% of total assets
Liquidity
48-4
short-term debt 18.6% · cash 2.8%
Profitability
69-10
return on assets 0.0%
Bankruptcy probability within 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025lowest value
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026
09-2026: 0.9%▲ +0.7 percentage points vs 08-2026highest value
10-2026: 0.4%▼ -0.5 percentage points vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €90,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.18 (0.32 in 2024), below 1. Short-term debt is 18.6% and cash 2.8% of total assets. 18.6% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 91% of them on solvency, 44% on liquidity, 56% on profitability and 35% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 32 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-09-2026, 32 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filingsDeviation from the deadline
2025
32 days late
2024
23 days early
2023
on the day
2022
18 days late
2021
26 days late
2020
1 day early
2019
69 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 17 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 32 days after the deadline Filed on 1 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00499816.
Annual accounts 2025 filed on 01-09-2026 at the NBB all 9 filings
Turnover
€40,049
EBIT margin
0.5%
Net result
€38▼ 23.3%
2024 · €49
Working capital
-€202,025▼ 20.9%
2024 · -€167,071
Multi-year overview
2018 to 2025, 8 financial yearsTurnover
no figure
2025
20182025
Operating result
€203
▼ 7.0%
2025
20182025
Net result
€38
▼ 23.3%
2025
middle half of the sector
20182025
EBIT margin
no figure
2025
20182025
Equity
€1.1m
▼ 4.4%
2025
highest quarter of the sector
20182025
Total assets
€1.3m
▼ 3.7%
2025
highest quarter of the sector
20182025
Debt
€245,854
▼ 0.1%
2025
20182025
Working capital
-€202,025
▼ 20.9%
2025
lowest quarter of the sector
20182025
Solvency
81.4%
▼ 0.7pp
2025
highest quarter of the sector
20182025
Current ratio
0.18
▼ 0.14
2025
lowest quarter of the sector
20182025
Return on assets (ROA)
0.0%
=
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€0.04m
Operating result€0.008m--€0.001m-€0.001m▲ 13.3%-€0.01m▼ 2,172%-€0.03m▼ 112%-€0.001m▲ 95.4%€219€203▼ 7.0%
Net result€0.008m--€0.001m-€0.001mwithin the sector's middle half▲ 13.4%-€0.02mbelow the sector's middle half▼ 2,197%-€0.03mbelow the sector's middle half▼ 110%-€0.002mwithin the sector's middle half▲ 94.7%€49within the sector's middle half€38within the sector's middle half▼ 23.3%
EBIT margin0.5%
Equity€0.004m-€0.004m▼ 17.2%€0.003mbelow the sector's middle half▼ 18.0%-€0.01mbelow the sector's middle half-€0.04mbelow the sector's middle half▼ 263%€1.1mabove the sector's middle half€1.1mabove the sector's middle half=€1.1mabove the sector's middle half▼ 4.4%
Total assets€0.8m-€0.8m▼ 0.1%€0.8mwithin the sector's middle half▲ 0.1%€1.4mabove the sector's middle half▲ 84.3%€1.4mabove the sector's middle half▼ 2.2%€1.4mabove the sector's middle half▼ 0.1%€1.4mabove the sector's middle half=€1.3mabove the sector's middle half▼ 3.7%
Debt€0.8m-€0.8m=€0.8m▲ 0.2%€1.4m▲ 86.6%€1.4m=€0.2m▼ 82.6%€0.2m▲ 0.1%€0.2m▼ 0.1%
Working capital-€0.8m--€0.8m▼ 0.1%-€0.8mbelow the sector's middle half▼ 0.1%-€1.2mbelow the sector's middle half▼ 54.3%-€1.4mbelow the sector's middle half▼ 16.9%-€0.2mbelow the sector's middle half▲ 86.7%-€0.2mbelow the sector's middle half▲ 8.3%-€0.2mbelow the sector's middle half▼ 20.9%
Solvency0.6%-0.5%▼ 0.1pp0.4%below the sector's middle half▼ 0.1pp-0.9%below the sector's middle half▼ 1.3pp-3.2%below the sector's middle half▼ 2.3pp82.1%above the sector's middle half▲ 85.3pp82.0%above the sector's middle half=81.4%above the sector's middle half▼ 0.7pp
Current ratio0.00-0.00=0.00below the sector's middle half=0.17below the sector's middle half▲ 0.170.04below the sector's middle half▼ 0.140.26below the sector's middle half▲ 0.220.32below the sector's middle half▲ 0.060.18below the sector's middle half▼ 0.14
Return on assets (ROA)1.0%--0.1%▼ 1.1pp-0.1%within the sector's middle half=-1.1%within the sector's middle half▼ 1.0pp-2.3%below the sector's middle half▼ 1.2pp-0.1%within the sector's middle half▲ 2.2pp0.0%within the sector's middle half▲ 0.1pp0.0%within the sector's middle half=
above
within
below
The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 7% lower than in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets
€1.3m ▼ 1.2%
Current assets
€43,829 ▼ 44.6%
Equity and liabilities €1.3m
Equity
€1.1m ▼ 4.4%
Debt
€245,854 ▼ 0.1%
Debt's share of the balance-sheet total rises from 18.0% to 18.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€15,212▼
2024 · €15,227
Cash flow
€15,046▼
2024 · €15,057
Debt to equity
0.23▲
2024 · 0.22
ROE
0.0%▼
2024 · 0.0%
Interest coverage
91.81▲
2024 · 89.78
Debt ≤ 1 year
€245,854▼
2024 · €246,195
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €405,240 | €177,500 | - | - | - |
| Depreciation and write-downs of the year | €9,236 | €12,401 | €15,008 | €15,008 | €15,008 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | - | - | €40,049 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €14,339 | €38,076 | €17,891 | €19,854 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €9,236 | €12,401 | €15,008 | €15,008 | €15,008 | = |
| Other operating charges640/8 | - | - | - | €1,418 | €2,557 | €4,775 | €4,968 | €5,125 | ▲ 3.1% |
| Gross operating margin9900 | €7,575 | -€761 | -€660 | -€4,339 | -€16,832 | €18,322 | €20,195 | €20,336 | ▲ 0.7% |
| Operating profit (loss)9901 | €7,575 | -€761 | -€660 | -€14,993 | -€31,791 | -€1,462 | €219 | €203 | ▼ 7.0% |
| Financial charges65/66B | - | - | - | €189 | €151 | €242 | €170 | €166 | ▼ 2.3% |
| Recurring financial charges65 | €3 | €2 | €1 | €189 | €151 | €242 | €170 | €166 | ▼ 2.3% |
| Profit (loss) for the period before taxes9903 | €7,572 | -€763 | -€661 | -€15,182 | -€31,943 | -€1,703 | €49 | €38 | ▼ 23.3% |
| Profit (loss) for the period9904 | €7,572 | -€763 | -€661 | -€15,182 | -€31,943 | -€1,703 | €49 | €38 | ▼ 23.3% |
| Profit (loss) for the period to be appropriated9905 | €7,572 | -€763 | -€661 | -€15,182 | -€31,943 | -€1,703 | €49 | €38 | ▼ 23.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.8m | €0.8m | €0.8m | €1.4m | €1.4m | €1.4m | €1.4m | €1.3m | ▼ 3.7% |
| Fixed assets21/28 | €0.8m | €0.8m | €0.8m | €1.2m | €1.3m | €1.3m | €1.3m | €1.3m | ▼ 1.2% |
| Tangible fixed assets22/27 | - | - | - | €0.4m | €0.6m | €0.5m | €0.5m | €0.5m | ▼ 2.8% |
| Land and buildings22 | - | - | - | €0.4m | €0.6m | €0.5m | €0.5m | €0.5m | ▼ 2.8% |
| Financial fixed assets28 | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Current assets29/58 | €0.001m | €42 | €0.001m | €0.2m | €0.05m | €0.06m | €0.08m | €0.04m | ▼ 44.6% |
| Amounts receivable within one year40/41 | €0.001m | - | - | - | - | - | - | €0.006m | - |
| Trade receivables40 | - | - | - | - | - | - | - | €0.001m | - |
| Other amounts receivable41 | - | - | - | - | - | - | - | €0.005m | - |
| Cash at bank and in hand54/58 | €97 | €42 | €0.001m | €0.2m | €0.05m | €0.06m | €0.08m | €0.04m | ▼ 52.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.8m | €0.8m | €0.8m | €1.4m | €1.4m | €1.4m | €1.4m | €1.3m | ▼ 3.7% |
| Equity10/15 | €0.004m | €0.004m | €0.003m | -€0.01m | -€0.04m | €1.1m | €1.1m | €1.1m | ▼ 4.4% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €1.2m | €1.2m | €1.1m | ▼ 4.2% |
| Profit (loss) carried forward14 | -€0.02m | -€0.02m | -€0.02m | -€0.03m | -€0.06m | -€0.07m | -€0.07m | -€0.07m | ▲ 0.1% |
| Amounts payable17/49 | €0.8m | €0.8m | €0.8m | €1.4m | €1.4m | €0.2m | €0.2m | €0.2m | ▼ 0.1% |
| Amounts payable within one year42/48 | €0.8m | €0.8m | €0.8m | €1.4m | €1.4m | €0.2m | €0.2m | €0.2m | ▼ 0.1% |
| Trade debts44 | - | - | €0.001m | - | €76 | - | €185 | - | - |
| Suppliers440/4 | - | - | - | - | €76 | - | €185 | - | - |
| Other amounts payable47/48 | - | - | - | €1.4m | €1.4m | €0.2m | €0.2m | €0.2m | ▼ 0.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,572 | -€763 | -€661 | -€15,182 | -€31,943 | -€1,703 | €49 | €38 | ▼ 23.3% |
| + Depreciation and write-downs630 | - | - | - | €9,236 | €12,401 | €15,008 | €15,008 | €15,008 | = |
| Operating cash flow (approximation) | €7,572 | -€763 | -€661 | -€5,946 | -€19,541 | €13,305 | €15,057 | €15,046 | ▼ 0.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€405,240 | -€177,500 | €0 | €0 | €0 | - |
| Change in cash | - | -€55 | €1,113 | €246,085 | -€196,587 | €13,229 | €15,242 | -€41,625 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 01-09-2026 | 2026-00499816 | |
| 31-12-2024 | micro format | 08-07-2025 | 2025-00250851 | |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00325416 | |
| 31-12-2022 | micro format | 18-08-2023 | 2023-00334754 | |
| 31-12-2021 | micro format | 26-08-2022 | 2022-20329084 | |
| 31-12-2020 | micro format | 30-07-2021 | 2021-44400370 | |
| 31-12-2019 | micro format | 08-10-2020 | 2020-59900140 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-63600008 | |
| 31-12-2017 | micro format | 27-08-2018 | 2018-50300280 |
Board & ownership
Directors
Directors
Owners and capital
Shareholders
Stated in the act
act of 26-01-2026 ↗
- KLEIN Yves, Samuel 50 shares
Network & group
Companies at the same address
3 other companiesConnections & network
See the function holders in the KBO register.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
01-09
micro format · 32 days late
18-08
Gazette deed
Registered office moved to BruxellesNew seat: Rue du Chêne 7 à 1000 Bruxelles · Previous seat: Rue Lannoy 89-7740 Реcq · Director in office3 points ▸
Gazette deed
Registered office moved to Bruxelles
New seat: Rue du Chêne 7 à 1000 Bruxelles · Previous seat: Rue Lannoy 89-7740 Реcq · Director in office3 points ▸
- General meeting, 06-07-2026
- Registered-office move, Rue du Chêne 7 à 1000 Bruxelles
- Director in office, KLEIN Yves Samuel (director)
26-01
Gazette deed
MiscellaneousShareholding4 points ▸
Gazette deed
Miscellaneous
Shareholding4 points ▸
- General meeting, 30-09-2025
- KLEIN Yves, Samuel holds 50 shares
- Other provision, “ordre du jour de l'assemblée générale, Informer le changement de nom de Mr ZOUARI Yves, Samuel porte le nom de KLEIN Yves, Samuel” (deed in French)
- Other provision, “KEIN Yves, Samuel” (deed in French)
2025
08-07
micro format · 23 days before the deadline
2024
31-12
Financial
Back to profitnet €49
The net result is €49, after 5 loss-making years.
31-07
micro format · on the deadline day
2023
31-12
Financial
Equity above €1mequity €1.1m
Equity rises from -€44,107 to €1.1m.
18-08
micro format · 18 days late
2022
31-12
Financial
Weakest financial yearnet -€31,943
The net result drops to -€31,943, the lowest from 2018 to 2025. It recovers the following year.
26-08
micro format · 26 days late
2021
30-07
micro format · 1 day before the deadline
2020
08-10
micro format · 69 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
2 SINCLAIR in French
Enterprise number
0669.862.501
Legal form
Private limited company
Status
Active, normale toestand
Founded
23-01-2017
Entity type
Legal entity
Registered office and establishments
Registered office
Eikstraat 7, 1000 Brussel, Belgium
1 former office
- Rue Lannoy 89, 7740 Реcq until 06-07-2026 · act of 18-08-2026
Establishment unit
2 SINCLAIR, Rue de Lannoy(PEC) 89, 7740 Pecq since 23-01-2017 · unit number 2.260.578.664
Activities
NACEBEL 202568110
Buying and selling of own real estate main activity
66300
Activities auxiliary to financial services and insurance activities
68201
Renting and operating of own or leased residential real estate, excluding social housing
68203
Renting and operating of own or leased non-residential real estate, excluding land
Codes under NACEBEL 2008
68100
Real estate activities main activity
66300
Activities auxiliary to financial services and insurance activities
68201
Real estate activities
68203
Real estate rental
Invoicing and payment
VAT number
BE 0669.862.501
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the addresses
Ground area
370 m²
Building footprint
403 m²
Building volume
3,022 m³
Tallest building: 15.2 m.
Wallonia
1
(50%)
Brussels
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21004A1585/00G000 | Brussels | 191 m² | 1 · 188 m² | 15.2 m · 4 |
| 57062C0448/00F002 | Wallonia | 178 m² | 1 · 215 m² | 7.8 m · 2 |